Wagering Requirements Guide

posted on November 20, 2018

If you are a fan of betting, you might have had a situation where you have received a hefty bonus, but you cannot withdraw it to your cash winning. Sometimes you might be mad at the casino provider thinking they are trying to steal from you. The fact is, you failed to read the wagering requirements of the new online casino. To be more specific, wagering requirements are merely the amount of cash you will need to stake to unlock your bonus winnings and have them deposited into your account. In almost every casino, you will not withdraw the bonus before you complete the wagering requirement.

Wagering requirement comes as a multiplayer in any stake. It just represents the number of times you are required to play through that bonus before you can withdraw the real cash. For example, if you receive a bonus in a casino amounting to $10 with a wagering requirement of 20x, it means you must spend $200 in betting before you can unlock the $10 bonus. In case you make any winning while trying to achieve the wagering requirement, it will be kept pending until you meet the requirement. The only thing you can do is to spend the winnings on betting to work down the wagering requirement.

The wagering requirement for any bonus will apply from the time you accept the bonus. It is always a nightmare for any new gambler after accumulating bonuses in the name of free spins, welcome bonus, etc. Most of them tend to give up when they discover that their reward is tied to a wagering requirement. Those wagering conditions vary in different casinos and also the type of the game. Other games do not contribute to wagering requirements. Some of the casinos can tie a wagering requirement on the amount deposited or the bonus offered while others apply to bonus only.